California Commercial Real Estate News
Santa Barbara News-Press: Macy’s to close Paseo Nuevo store; 67 other locations also to be shut down
In a massive structural change, Macy's announced plans Wednesday to close 68 stores early this year, including its store in downtown …
KEYT: Historic changes coming to Santa Barbara amidst uncertain economic future
Local economic leaders have been watching both sweeping development projects and personal finances in the South Coast area for months as …
Noozhawk: Santa Barbara’s State Street Sees Uptick in Vacancies Amid Changing Retail and Consumer Landscape
In addition to the lights, decorations and holiday spirit, locals doing their holiday shopping along Santa Barbara’s State Street may have …
Pacific Coast Business Times: Tri-Counties trying to boost trade with China
Many tri-county companies are looking to up their investment in China, which could bolster the more than $3 billion in trade …
Pacific Coast Business Times: Rabobank exiting downtown for new spot on upper State
Rabobank will move its downtown Santa Barbara office at the corner of Carrillo and Anacapa streets to the former Citibank location …
Pacific Coast Business Times: Lowe’s Landed
Lowe’s Home Improvement recently signed a 20-year lease for its first Santa Maria location at the Enos Ranch project at Highway …
Pacific Coast Business Times: Oxnard apartment complex sells for $30.7 million
A 168-unit multifamily development in Oxnard was purchased for $30.7 million. Los Angeles-based real estate investment firm JRK Property Holdings acquired the …
KEYT: With Trump election economists have a positive forecast in Santa Barbara County
Using some current numbers and some forecasting, those who watch finances and real estate closely do not see any red flags …
Radius: Lowe’s signs lease to anchor new Santa Maria Ranch Shopping Center
The home improvement giant will open its first Santa Maria location, occupying approx. 140,000 sq. ft. in the complex located at …
Pacific Coast Business Times: Housing solution key to strong Central Coast economy
The only sustainable way to foster long-term economic growth is by building more housing, said Chris Thornberg, founding partner of Beacon …
Santa Barbara News-Press: Economist: Housing shortage slows growth in Santa Barbara
Dr. Christopher Thornberg, founding partner of Beacon Economics, delivers the keynote speech at the ninth annual Radius Real Estate and Economic …